{"id":59667,"date":"2026-03-11T14:09:51","date_gmt":"2026-03-11T18:09:51","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-persistent-inflation-dampens-rate-cut-hopes\/59667\/"},"modified":"2026-03-11T14:09:51","modified_gmt":"2026-03-11T18:09:51","slug":"dowjonestodaydow-jones-slumps-as-persistent-inflation-dampens-rate-cut-hopes","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/dowjonestodaydow-jones-slumps-as-persistent-inflation-dampens-rate-cut-hopes\/59667\/","title":{"rendered":"[DowJonesToday]Dow Jones Slumps as Persistent Inflation Dampens Rate Cut Hopes"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average (^DJI)<\/strong> was down <strong>382.20 (-0.8011%)<\/strong> points today, as investors reacted to a hotter-than-expected <strong>Consumer Price Index (CPI)<\/strong> report. The <strong>Labor Department<\/strong> data indicates that <strong>inflationary pressures<\/strong> remain persistent, significantly reducing the probability of a <strong>Federal Reserve<\/strong> interest rate cut in the first half of the year. This shift in monetary expectations sent <strong>Dow Futures (YM=F)<\/strong> down <strong>388.00 (-0.8127%)<\/strong>, as the market remains open with a clear &quot;risk-off&quot; sentiment dominating the global trading session.<\/p>\n<p>The primary driver of today\u2019s sell-off was the vulnerability of <strong>interest-rate-sensitive<\/strong> sectors to prolonged high borrowing costs. <strong>Sherwin-Williams (<a href=\"\/stock\/SHW\">SHW<\/a>)<\/strong> was down <strong>-2.29%<\/strong>, making it the index&#39;s biggest loser, followed closely by <strong>Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>)<\/strong>, which was down <strong>-1.91%<\/strong>. Consumer-facing giants also struggled under the weight of potential inflation fears; <strong>Procter &amp; Gamble (<a href=\"\/stock\/PG\">PG<\/a>)<\/strong> was down <strong>-1.83%<\/strong>, <strong>Home Depot (<a href=\"\/stock\/HD\">HD<\/a>)<\/strong> was down <strong>-1.65%<\/strong>, and <strong>Visa (<a href=\"\/stock\/V\">V<\/a>)<\/strong> was down <strong>-1.47%<\/strong>. Additionally, <strong>McDonald&#39;s (<a href=\"\/stock\/MCD\">MCD<\/a>)<\/strong> was down <strong>-1.36%<\/strong> and <strong>Caterpillar (<a href=\"\/stock\/CAT\">CAT<\/a>)<\/strong> was down <strong>-1.23%<\/strong>.<\/p>\n<p>Despite the gloom, the energy sector outperformed as a hedge against rising prices. <strong>Chevron (<a href=\"\/stock\/CVX\">CVX<\/a>)<\/strong> was up <strong>2.05%<\/strong> today, leading the few gainers. Defensive stocks and select tech names also showed resilience; <strong>Cisco (<a href=\"\/stock\/CSCO\">CSCO<\/a>)<\/strong> was up <strong>0.76%<\/strong>, while <strong>UnitedHealth Group (<a href=\"\/stock\/UNH\">UNH<\/a>)<\/strong> was up <strong>0.38%<\/strong>. <strong>Amgen (<a href=\"\/stock\/AMGN\">AMGN<\/a>)<\/strong> was up <strong>0.28%<\/strong>, and <strong>Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> managed a slight gain, up <strong>0.19%<\/strong>, even as <strong>Microsoft (<a href=\"\/stock\/MSFT\">MSFT<\/a>)<\/strong> was down <strong>-0.71%<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dow Jones Industrial Average (^DJI) was down 382.20 (-0.8011%) points today, as investors reacted to a hotter-than-expected Consumer Price [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50368,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[17736],"tags":[33,297,298,593,633,3016,3712,4223,4350],"class_list":["post-59667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snippets-dow-jones","tag-msft","tag-gs","tag-cvx","tag-shw","tag-nvda","tag-dji","tag-cpi","tag-inflation","tag-dow-jones"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=59667"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59667\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50368"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=59667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=59667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=59667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}